According to Variety, once Dre and Iovine's stock holdings vest in August, the stock could be worth about $700 million. The publication came to the number by using a metric of a 19 percent average rise over three and a quarter years.

Last week, reports of Iovine's exit from Apple Music began to spread, although a source for Variety claims the music executive has yet to make a decision. While Iovine holds no official title at Apple, he did assist with the 2015 launch of Apple Music. The streaming music service currently has more than 30 million subscribers.

"Me and my boy Ali, we was eating at Chili's. I'll never forget it," said Kendrick. "We was eating at Chili's and we got a call like, 'Yo, Dr. Dre likes your music.' And we were like, 'Yo, who the fuck is this on the phone?' [laughs]. We hung up... We might have blown it. Another call came in from somebody else. Then another call came in from somebody else like, 'Yo, they trying to reach out and figure out who you with.'"

Luckily for the DAMN. rapper, Dr. Dre's people continued to reach out to him and the artist eventually landed a studio session with the producer.